There is more to being upperclass than your income. You might be an uneducated, minimum wage job holder, but win $5m on the lottery and buy a huge house and rolls royce. but that still doesn't alter the fact that you are uneducated and rough around the edges !
Class has more to do with family history, values, outlook etc as well as income.
Wouldn't say income dictates your class status. Your family could blow $325,000 each year on crap and be left which virtually nothing. It depends on what they do with that money. If they have good retirement accounts, investments, significant assets (nice home, decent cars, etc.), money in reserves, then I'd venture to say yes, upper class. Think about a net worth position, if they are worth over $5,000,000 (net assets), then I'd say your family is upper class. It also depends on where you live. Having 5 mil in NYC is not the same as in SC.
There is more to class than income alone. It depends on the area you live, social contacts, careers, children, education passed down beleifs etc. To define class you need to look at the whole picture not just money. You can have hundreds of thousands in the bank and still have a rental and no career until your broke because you've inherited. If you work to live you are working class if you live to work your middle class if you live to live then you are definitely upper class.
first of all your income is not the main thing in determining if you are upper class. you could make $30,000 a year, and one year make $325,000, which doesn't make it upper class. Rather, the assets which are owned (like boats, cars, houses, jewelry, bonds, stocks) over $2 million is probably upper class.
Money has little to do with class. There are many people with a stack of cash that will never be anything but low class. Conversely someone with little money can have class.
Depends on where you live. Where I do, you'd be considered upper-middle class. There are many far, far richer than your family here.
The AVERAGE family income is $53,000 a year....
Your family make SIX TIMES that amount, so yes, you are in fact "stinking rich"...your household is in the top 3% by Income in the entire country; http://www.whatsmypercent.com/
Thats a good wage, but many waste the money away so if in debt then it doesn't matter.
I would consider it upper middle class.
maybe. class is more about net worth than annual income. many of the ultra-rich have NO earned income.
